Ms Nishi Vasudeva has become the first woman to be selected as the head of the Navratna public sector unit, Hindustan Petroleum Corp Ltd (HPCL). Currently, she is the Director, Marketing, HPCL and will take over as the chairman and managing director of the company. She will replace Subir Roy Choudhury, who will be retiring in February 2014.
However, the recommendation of her name as the head of Hindustan Petroleum Corp Ltd will be given to Oil Ministry now. After the consent of the Oil Minister M Veerappa Moily, her name will be given clearance by the Central Vigilance Commission (CVC) and the Central Bureau of India (CBI). Thereafter, her candidature will be forwarded to Cabinet Committee on Appointments (ACC).